Abstract
Abstract. This study in the sociology of economics analyzes the probable effects of selected social and institutional variables on the academic hiring of economists. Authorship data on minority economic problems in 29 principal economic journals were related to data on the ranking of graduate programs in economics and to data on the ranking of economic journals. Formally, this is a problem in conditional probabilities, suggesting the use of transition matrices with elements Pij. High ranking schools tend to be net Ph.D. producers, thus exporting their “surpluses”, and perhaps ideas, to other institutions. Graduates of these schools, reflecting a homogeneous grouping, tend to publish in the high ranking economic journals. Examination of the relationship between the school that granted the author's Ph.D. and his academic employment reveals a picture of interinstitutional concentration and hierarchy. Through the hiring process, these social and institutional variables probably significantly influence the direction and pace of economic idea production.
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